The Greek Ministry of Finance has provided updates on filing deadlines for the new myDATA e-books and e-invoices, plus the certified cash registers.
The introduction of the new transactional reporting of income and purchases has been voluntary since October 2020, and was due to go live on 1 July 2021. However, it has now been postponed to a September to November implementation.
The new myDATA regime is introducing a mix of live and periodic transaction reporting of VAT transactions to enable to the tax authorities to create full set of digital accounting ledgers. This is then checked against regular VAT quarterly returns to detect discrepancies and potential fraud.
Certified Cash registers
Greek myDATA transactional reporting
The new e-invoice and e-books system has been delayed several times. From 1 October 2021, VAT registered businesses with a turnover above €50,000 must start submitting their sales invoice to the myDATA platform. The remaining businesses below this threshold must commence from 1 November 2021.
The e-books or ledgers will not start yet. Long term, myDATA will replace the existing invoice reporting submission.